All categories

3 years ago

1. Firms pursuing a cost-leadership strategy seek to ________.

Business

1 answer:

gtnhenbr [62]3 years ago

5 0

Answer:

1. gain a higher market share.

2. inversely proportional to each other.

Explanation:

1. By producing a product at a lower price than the competitors a company will be at an advantage and will be providing same product at a lower price. The customer will definitely go with a low price item if two items are same in value.

2. As value creation requires cost so if the cost is reduced then some of the features will have to be foregone to achieve low cost.

You might be interested in

If the supply and demand curves for a product both decrease, then equilibrium

zhuklara [117]

Answer:

Letter c is correct

Explanation:

In this case, the amount of supply will be smaller and the price may remain, rise or fall. The factor that influences this price behavior is the law of supply and demand, it will determine what will be the prices of a market. So if there is a balance between supply and demand, the most likely to happen is price stabilization, which can be changed more or less depending on other economic factors that may arise, such as the emergence of a competitor.

8 0

3 years ago

Assume that you are a consultant to Lotte Inc., and you have been provided with the following data: D1 = $0.67; P0 = $27.50; and

Eduardwww [97]

The cost of equity from retained earnings based on the DCF approach=9.44%

Explanation:

The cost of equity from retained earnings based on the DCF approach can be calculated as follows,

For D1 = $0.67

For P0 = $27.50

For g = 7.00%

Therefore, rs = $\frac{D1}{PO}$ + g

The answer is =9.44%

8 0

3 years ago

When a local walmart is open 7 days a week, 24 hours a day, which form of utility is it providing to customers?

Vladimir [108]

Answer: TIME UTILITY

When a local Walmart is open 7 days a week, 24 hours a day, it is providing the customers with time utility. Economic utility includes Form utility, Time utility, Place utility and Possession utility. Time utility refers to the availability of products when the customer needs them. In this utility, the company chooses the hours and days when products and services are available to the customers according to the needs of the customers.

6 0

3 years ago

Is it ethical for large companies to market small brands as being local, natural, or eco-friendly when they are in fact owned by

klio [65]

Answer:

yes

Explanation:

companies will not yell the truth

3 0

3 years ago

Folio Company estimates total manufacturing overhead costs to be $80,000 for the year and estimates direct labor hours to be 4,0

gregori [183]

Answer:

Allocated Overhead= $76,000

Explanation:

Giving the following information:

Estimated overhead for the period= $80,000

Estimated direct labor hours= 4,000 for the same period

Actual direct labor hours for the period are 3,800.

<u>First, we need to calculate the estimated overhead rate. Then, we can determine the amount of overhead allocated to work in process for the period.</u>

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 80,000/4,000= $20 per direct labor hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 20*3,800= $76,000

8 0

3 years ago